28 Feb 2022 07:00
IQE plc: Director/PDMR ShareholdingIQE plc
Cardiff, UK28 February 2022
Director/PDMR Shareholding
IQE plc (AIM: IQE, "IQE" or the "Group"), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, was notified on 25 February 2022 that on that date Americo Lemos, Chief Executive Officer of the Company, purchased 386,748 ordinary shares of 1 pence each in the Company (“Ordinary Shares”).
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1. | Details of the Person discharging managerial responsibilities (“PDMR”) / person closely associated with them (“PCA”) | |
| a) | Name | Americo Lemos |
| 2. | Reason for the notification | |
| a) | Position / status | PDMR (Chief Executive Officer) |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | IQE plc |
| b) | Legal Entity Identifier | 213800Y33WHD3ESJJP16 |
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
| a) | Description of the financial instrument | Ordinary shares of 1 pence each in the CompanyGB0009619924 |
| b) | Nature of the transaction | Purchase of Ordinary Shares |
| c) | Price(s) and volume(s) | 386,748 Ordinary Shares at an average price of 38.44p per Ordinary Share |
| d) | Aggregated information Aggregated volume Aggregated price | Aggregated volume: 386,748Aggregated price: £148,665.93 |
| e) | Date of the transaction(s) | 25 February 2022 |
| f) | Place of the transaction | London Stock Exchange, AIM (AIMX) |
Contacts:
IQE plc+44 (0) 29 2083 9400Americo LemosTim PullenAmy Barlow Peel Hunt LLP (Nomad and Joint Broker)+44 (0) 20 7418 8900Edward KnightPaul GillamJames Smith Citigroup Global Markets Limited (Joint Broker)+44 (0) 20 7986 4000Christopher WrenPeter Catterall
Headland Consultancy (Financial PR) + 44 (0) 20 38054822Andy Rivett-Carnac: +44 (0) 7968 997 365Chloe Francklin: +44 (0)78 3497 4624
ABOUT IQE
http://iqep.com
IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:
handset devicesglobal telecoms infrastructureconnected devices3D sensingAs a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the whole market and is agnostic to the winners and losers at chip and OEM level. By leveraging the Group’s intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.
IQE is headquartered in Cardiff UK, with c. 670 employees across nine manufacturing locations in the UK, US, Taiwan and Singapore, and is listed on the AIM Stock Exchange in London.
IQE (IQE)